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JAMB - Commerce (2023 - No. 75)

If a business uses part of its profit to develop the area where it operates, the business is fulfilling its
marketing responsibilities
managerial responsibilities
economic responsibilities
social responsibilities

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Social responsibility means that individuals and companies must act in the best interests of their environment and society as a whole. It is also known as corporate social responsibilties.

Corporate social responsibility is a business model by which companies make a concerted effort to operate in ways that enhance rather than degrade society and the environment.

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